Daily Insight

• Australian Dollar Jumps 1% on Hopes of Covid-19 Stabilisation Daily Insight

  April 7 2020

  Easing Covid-19 Anxiety Buoys Australian Dollar The Australian Dollar started the week on a strong footing, driven sharply higher against many of … read more

• Record Low UK Services PMI Drives Pound Selling Daily Insight

  April 6 2020

  Retail Sales Uptick Unable to Lift Australian Dollar A positive month of retail sales in February was not enough to keep the Australian Dollar from … read more

• US Dollar Maintains Dominance despite 6.6 Million Increase in Jobless Claims Daily Insight

  April 3 2020

  Drop in Business Confidence Weighs on Australian Dollar The Australian Dollar continued its decline yesterday in the wake of a disappointing NAB … read more

• Australian Dollar Drops in Spite of RBA Ruling Out Negative Rates Daily Insight

  April 2 2020

  Australian Dollar Slides as RBA Shuns Negative Interest Rates Even though the Reserve Bank of Australia (RBA) ruled out the possibility of negative … read more

• Chinese PMI Rebound Unable to Lift Australian Dollar Demand Daily Insight

  April 1 2020

  Recovering Chinese PMIs Unable to Boost Australian Dollar An unexpectedly sharp rebound in March’s Chinese manufacturing and services PMI was not … read more

• Australian Dollar Weakens After Chinese Interest Rate Cut Daily Insight

  March 31 2020

  Chinese Interest Rate Cut Fails to Benefit Australian Dollar After the People’s Bank of China (PBOC) opted to cut interest rates at the start of … read more

• Record Slump in Chinese Factory Profits Drags Down Australian Dollar Daily Insight

  March 30 2020

  Slump in Chinese Factory Profits Fuels Australian Dollar Selling As Chinese factory profits saw their largest fall on record in the first two months … read more

• Pound Slips Thanks to Possibility of Additional BoE Rate Cut Daily Insight

  March 16 2020

  Chinese Monetary Policy Action Benefits Australian Dollar After the People’s Bank of China (PBoC) announced fresh monetary loosening the … read more

• Deepening Market Anxiety Weighs on Australian Dollar Daily Insight

  March 13 2020

  Growing Risk Aversion Pushes Australian Dollar Lower Another intense day of selling on the financial markets saw the Australian Dollar come under … read more

• Australian Dollar Buoyed Despite Abysmal Consumer Confidence Index Daily Insight

  March 12 2020

  Australian Dollar (AUD) Gains despite Gloomy Consumer Outlook The Australian Dollar (AUD) edged higher on Wednesday, with the currency benefiting … read more